⸺ Obituary · August 15, 2018 ⸺

“Bitcoin Is Useless As A Payment Mechanism And Ridiculous As A Store Of Value”

CNBC

Bill Harris

“Bitcoin will continue to fall, because “there’s just no value there,” former PayPal CEO Bill Harris told CNBC on Tuesday.”

Price at death

$6,270

Today

$61,577

Resurrection

×9.8

On 2018-08-15, Bill Harris (Former CEO, PayPal) declared Bitcoin dead via CNBC. Bitcoin was trading at ~$6,270 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on August 15, 2018, when one Bitcoin traded for approximately $6,270. Since then, Bitcoin has appreciated by 9.8× relative to the price on the day CNBC pronounced it finished.

Read the original →

← Earlier death

“Interest In Bitcoin Is Waining”

Later death →

“Bitcoin And Other Cryptocurrencies Are Useless”

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